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Mercedes reportedly set to drop Petronas for Aramco deal

Mercedes will reportedly part ways at the end of the current F1 season with long-standing title sponsor Petronas to make way for a new partnership with Saudi Arabian oil giant Aramco. If confirmed the news of Petronas' exit from F1 - revealed by veteran F1 reporter Dieter Rencken on Twitter - would come in the wake of the Malaysian oil and gas company's formal announcement in August of its withdrawal from MotoGP. Petronas entered the Formula 1 arena in 1995 with its sponsorship of the Red Bull-Sauber outfit, but the company rose to prominence in Grand Prix racing along with the works Mercedes team when the latter entered F1 in 2010. ©Mercedes Saudi Aramco, the world’s largest integrated...
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11mo ago from F1i.com 0
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